- Pushing deeper into the mainstream, a Paris-based asset manager has launched Europe's first bitcoin mutual fund.
- Tobam is classifying it as an alternative investment fund since it's not traded on an exchange and does not fall under the European mutual fund structure known as Ucits, but it does has daily liquidity based on market closing prices.
- Approval was needed from France's financial regulator, the Autorite des Marches Financiers.
- Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, OTC:BITCF, OTCPK:BTSC, OTCQB:BTCS, OTCQB:MGTI, SRAX, OTCPK:GAHC, OTC:UBIA, OTC:ARSC, OTCPK:USTC, MARA, PRELF, OTCPK:BLKCF
Europe's first bitcoin mutual fund
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